Question
Short Answer please for every section 1. Discuss how you might use business analytics in your personal life, such as in managing your grocery purchasing,
Short Answer please for every section
1. Discuss how you might use business analytics in your personal life, such as in managing your grocery purchasing, automobile maintenance, budgeting, or sports. Be creative in identifying opportunities!
2. How might analytics be used in the following situations? a. Making and marketing a new product b. Deciding where to locate a new plant c. Determining a personal investment plan
3. A supermarket has been experiencing long lines dur-ing peak periods of the day. The problem is notice-ably worse on certain days of the week, and the peak periods sometimes differ according to the day of the week. There are usually enough workers on the job to open all cash registers. The problem the supermar-ket manager faces is knowing when to call some of the workers who are stocking shelves up to the front to work the checkout counters. How might business analytics help the supermarket manager? What data would be needed to facilitate good decisions?
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